eBikeGo, an electric two-wheeler mobility platform, has acquired tech firm Kustard Technologies, a digital product and innovation studio, for $2 million. Kustard Technologies has registered a growth in three years since...
Siemens inks pact to acquire 26 pc equity in Sunsole Renewables
Siemens Ltd said it has inked an agreement for subscription of 26 per cent paid-up equity share capital of Sunsole Renewables for Rs 1.6 crore. In a regulatory filing the company said that in its continuing efforts to...
ZEE-Invesco case: Bombay High Court to pronounce ruling on Tuesday
The Bombay High Court is slated to pronounce its order in Zee Entertainment Enterprises (ZEEL) legal tangle with its largest institutional investor, Invesco Developing Markets Fund, on Tuesday. Separately, the National...
Reliance deal: Amazon in Supreme Court against Future’s meetings
Following the order by the Singapore arbitration tribunal, which largely goes in its favour, Amazon.com has filed a fresh plea in the Supreme Court against the National Company Law Tribunal’s order which allowed Future...
ZEEL starts due diligence process for merger with Sony Pictures Networks
Zee Entertainment (ZEEL) has commenced the due diligence process for its proposed merger with Sony Pictures Networks India (SPNI), a subsidiary of Japan’s Sony Corp, following a non-binding agreement signed in September...
Bhushan Power & Steel: SBI moves NCLT to initiate CIRP against Singals
The State Bank of India (SBI) has moved a plea in the National Company Law Tribunal (NCLT) seeking to initiate insolvency proceedings against Sanjay Singal and Aarti Singal, the erstwhile promoters of Bhushan Power and...
Adani Green completes Rs 26,000 crore acquisition of SB Energy India’s green assets
Adani Green Energy (AGEL), the renewable energy arm of the Adani Group, said on Monday that it has completed the acquisition of SB Energy India, which houses 4,954 megawatt (MW) of renewable energy projects across the...
NCLAT dismisses GAIL’s plea against Alok Ind resolution plan
The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed GAIL India’s plea challenging the NCLT’s March 8, 2019 order that approved the insolvency resolution plan of Alok Industries, which has now been...
Ventureland Asia acquires the controlling stake in MW.Com India
Mumbai-based venture capital company, Ventureland Asia Advisory Services, has acquired the controlling stake in MW.Com India Pvt Ltd, the publisher of magazines such as Rolling Stone India and MW (Man’s World). MW.Com...
Fitch says BPCL privatisation may get delayed
Fitch Ratings on Monday said uncertainty over the bidder consortiums and process complexity, including valuation, may lead to potential delays in privatisation of India’s second-largest fuel retailer, Bharat Petroleum...
No takers for Videocon’s energy biz; September 30 new deadline for resolution
A consortium of lenders is yet to receive any bids for the sale of debt-laden Videocon group’s energy business, even though a couple of firms had expressed interest earlier. Following this, the Committee of Creditors...
Supreme Court agrees to Future’s early hearing pleas on Delhi HC order against Reliance Retail merger
The Supreme Court on Friday agreed to an early hearing of the Future Group’s appeals against the Delhi High Court’s single judge’s orders. The HC had restrained Future Group from going ahead with the Rs 24,713-crore...
